Crude oil futures settled $61.53

Crude oil costs noticed a unstable session, swinging between positive aspects and losses. After opening close to $61.45, the value climbed to a excessive of $62.68 earlier than falling to a low of $60.59. It in the end settled at $61.53 — near each the day’s opening degree and Friday’s closing worth.

Wanting on the hourly chart, the value is between its 100 hour transferring common beneath at $60.21, and its 200 hour transferring common above $62.67. Merchants will search for a break in both route for bias clues this week

This text was written by Emma Wang at www.ubaidahsan.com.



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